SIGTARP proves that some bankers aren’t too big to jail

 · Why is Obama the ANTI-Martin Luther King? Educational Forum and Library . Welcome, Guest. Please login. Why is Obama the ANTI-Martin Luther King? (Read 13948 times) 0 Members and 1 Guest are viewing this topic.. the disproportionately punitive sentences handed down to black men and women across America who aren’t really criminals at.

SIGTARP, with over 160 employees and a 2012 budget of $41.8 million, has the resources and authority to pore over the books and records of any bank that applied for or received funds through the Tarp program and to investigate any possible crimes affecting the institution.

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A recent segment on 60 Minutes certainly makes the case that some bank officers should serve some jail time. The show’s segment revealed some pretty amazing stuff. One of the most incredible parts includes reports from former "robo-signers." One was paid $10 per hour to pretend to be a bank executive with a made up name to sign off on foreclosures.

The following is a transcript of Attorney General Eric Holder’s remarks before the Senate Judiciary Committee, in which he discusses the idea that some banks are ‘Too Big to Jail.’ Sen. Chuck Grassley, R-Iowa: In the case of bank prosecution. I’m concerned we have a mentality of ‘too big to jail’ in.

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Jail may be too good for this guy, but I have been thinking about something else. The media is saturated with stories of hard working Madoff victims who will suffer immeasurably as a result of having their retirement assets virtually wiped out.

SIGTARP’s investigations of officials at banks that received TARP (and a TARP bank). As of this month, 48 of the 74 bankers investigated by SIGTARP who have been charged with a crime are (or were) tarp bank officials. One TARP bank has been charged with crimes investigated by SIGTARP, and SIGTARP found criminal i This quarter, the former President and CEO of Gateway Bank was sentenced to prison for bank fraud conspiracy to hide the bank’s high

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